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he is not a president obama but he does see what is happening on the street. >> the worst is over. >> for the president the new numbers shifted attention from the lackluster debate performance and on to a bit of positive news. >> more americans entered the work force. more people are getting jobs. >> reporter: outside dan, jobs may be low wage and part time, but at least they are there. >> it slowly is coming back. it will take a couple more years. >> in palo alto elections it's the direction of the economy that moves voters. there is one more reporting period before election day, the october numbers will be out november 2nd, four days before the election. >>> we're talking about jobs here. more than 500 jobs will be available at the next jobs hire event. at the hilton garden inn in emeryville noon on wednesday. for more information go to abc7news.com. >>> new this morning, president obama and the first lady are planning to spend today celebrating the 20th wedding anniversary. he put side he talked during the debate. he will be in san francisco on monday night for a fund-raising conce
he is not a president obama but he does see what is happening on the street. >> the worst is over. >> for the president the new numbers shifted attention from the lackluster debate performance and on to a bit of positive news. >> more americans entered the work force. more people are getting jobs. >> reporter: outside dan, jobs may be low wage and part time, but at least they are there. >> it slowly is coming back. it will take a couple more years. >> in palo...
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for more information go to our website under see it on tv. >>> new this morning, president obama and the first lady are planning to spend today celebrating the 20th wedding anniversary he put aside when it fell on the day of the denver debate. the president seen campaigning in ohio will be in san francisco monday night for a fundraising concert and rally. in his weekly addressed he called on republicans in congress to work with democrats on a plan to cut taxes for 98% of americans and a bill to help families refinance their homes at lower interest rates. >> congress needs to step up and provide every responsible homeowner a chance to save about $3,000 a year on their mortgage by refinancing at lower rates. i gave them a plan to do that back in february. it's a plan that has the support of independent, nonpartisan economists and leaders across the housing describe. >> for the gop, republican national committee chairman presence priebus said obama's economic plans repeats the same failed policy that is have buried the middle class the past four years. >>> for more on the skyrocketing g
for more information go to our website under see it on tv. >>> new this morning, president obama and the first lady are planning to spend today celebrating the 20th wedding anniversary he put aside when it fell on the day of the denver debate. the president seen campaigning in ohio will be in san francisco monday night for a fundraising concert and rally. in his weekly addressed he called on republicans in congress to work with democrats on a plan to cut taxes for 98% of americans and...
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for more information go to our website under see it on tv. >>> new this morning, president obama and the first lady are planning to spend today celebrating the 20th wedding anniversary he put aside when it fell on the day of the denver debate. the president seen campaigning in ohio, will be in san francisco monday night for a fundraising concert and rally. in his weekly address he called on republicans in congress to work with democrats on a plan to cut taxes for 98% of americans and a bill to help families refinance their homes at lower interest rates. >> congress needs to step up and provide every responsible homeowner a chance to save about $3,000 a year on their mortgage by refinancing at lower rates. i gave them a plan to do that back in february. it's a plan that has the support of independent, nonpartisan economists and leaders across the housing industry. >> for the gop, republican national committee chairman rence priebus said obama's economic plans repeats the same failed policy that is have buried the middle class the past four years. >>> for more on the skyrocketing gas p
for more information go to our website under see it on tv. >>> new this morning, president obama and the first lady are planning to spend today celebrating the 20th wedding anniversary he put aside when it fell on the day of the denver debate. the president seen campaigning in ohio, will be in san francisco monday night for a fundraising concert and rally. in his weekly address he called on republicans in congress to work with democrats on a plan to cut taxes for 98% of americans and a...
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the news could provide a boost to president barack obama. u.s. labor department officials say the u.s. jobless rate dropped to 7.8% in september. the figure is the lowest since obama took office in january 2009. employers added 114,000 nonfarm jobs, matching the expectations of analysts. the nonfarm sector is considered particularly sensitive to economic trends. 44,000 jobs were added in the health care sector. manufacturing employment edged down, shedding 16,000 jobs. >>> policymakers at japan's central bank unanimously decided to maintain current monetary policy. this comes after the rare attendance by the economic and fiscal policy minister. seiji maehara has been advocating aggressive monetary easing to get the economy out of deflation. after the two-day meeting through friday, the policymakers shared the view that personal spending remains steady as the jobs situation is improving. but they agreed that output and exports by manufacturers, one of the main drivers of the japanese economy, are relatively weak due to a slowdown in the chinese an
the news could provide a boost to president barack obama. u.s. labor department officials say the u.s. jobless rate dropped to 7.8% in september. the figure is the lowest since obama took office in january 2009. employers added 114,000 nonfarm jobs, matching the expectations of analysts. the nonfarm sector is considered particularly sensitive to economic trends. 44,000 jobs were added in the health care sector. manufacturing employment edged down, shedding 16,000 jobs. >>> policymakers...
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obama got bin laden. i'll get big bird. you tell that so and so romney anyone who bleeps with big bird bleeps with me. big bird even extended his middle finger at the candidate. >> and you're going to count on one that we all know and love. >> reporter: big bird started his own big bird parody account. reacted by crying and showed up in a deployment split screen. >> i like pbs. i like big bird. >> reporter: his reaction was a scream. >> not going to keep spending on money to borrow money from china to pay for it. >> aghh! >> reporter: his response included a message. >> f-u-m-i -- >> reporter: a message spilled out for myth. and this isn't the first time that mitt romney has stalked big bird. >> i like big bird and bert and ernie for my grandkids to like. >> reporter: o. >> he got rid of your jobs, now he wants to get rid of big bird's job. >> reporter: day after the debate the president joined in. >> thank goodness somebody is finally getting tough on big bird! we didn't know that big bird was driving the federal deficit.
obama got bin laden. i'll get big bird. you tell that so and so romney anyone who bleeps with big bird bleeps with me. big bird even extended his middle finger at the candidate. >> and you're going to count on one that we all know and love. >> reporter: big bird started his own big bird parody account. reacted by crying and showed up in a deployment split screen. >> i like pbs. i like big bird. >> reporter: his reaction was a scream. >> not going to keep spending...
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me you know my polls and let me when he says bored with the elections as we are very much president obama is going to the first african-american president that was so exciting no it's boring me again i don't know if there's going to be as much of a turnout for voters this year are you going to vote absolutely we're talking about the election you know. i'm not american you guys don't let me now yeah you know we don't let a lot of americans vote to you apparently why do you want to run don't you think either candidate can get it done i think there's too much corruption in the government i mean this should be important right. ship but how can it be a problem with money to process. and there's no really a choice right as one of the other and if by a really good option then what you did and the bush kerry kerry yeah i was just like i like which one do i like the least ok i'll use the other a vote of the other one yeah yeah so it's kind of the same thing as two thousand and four that maybe it's just like one of those here the new times a new age you need to support the people of your country is
me you know my polls and let me when he says bored with the elections as we are very much president obama is going to the first african-american president that was so exciting no it's boring me again i don't know if there's going to be as much of a turnout for voters this year are you going to vote absolutely we're talking about the election you know. i'm not american you guys don't let me now yeah you know we don't let a lot of americans vote to you apparently why do you want to run don't you...
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farm in america the chinese investors claim obama issued the order without any explanation comes out of the white house faces more pressure from the republicans to toughen up on beijing and some observers say obama simply trying to woo u.s. voters. the timing is somewhat suspicious just because the two presidential candidates. to outdo each other in demonizing china in this whole presidential campaign whichever candidate when president obama governor romney both wall and then have to. prepare for all the damage that has been incurred and rendered unnecessarily so i think i think the american people understand the us senator relations far better candidates seem to think the understand and somehow they feel that putting this needed cast on china is going to gain them both and i don't believe that they're right. and as a world away is the possible outcomes of the fam or us presidential ballot our resident laurie harvin is to the streets of new york to find out what voters make of the race so far. the two thousand and twelve presidential elections why are they so boring this week let's t
farm in america the chinese investors claim obama issued the order without any explanation comes out of the white house faces more pressure from the republicans to toughen up on beijing and some observers say obama simply trying to woo u.s. voters. the timing is somewhat suspicious just because the two presidential candidates. to outdo each other in demonizing china in this whole presidential campaign whichever candidate when president obama governor romney both wall and then have to. prepare...
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presidential race barack obama is being sued by chinese own company which he blocked from buying when farm in america the chinese investors claim obama use issued the order without any explanation comes as the white house faces more pressure from the republicans to toughen up on beijing and some observers say a bomb is simply trying to u.s. voters the timing is somewhat suspicious just because the two presidential candidate. to to outdo each other in demonizing china in this whole book presidential campaign jever again today when president obama governor romney both war then have to do so. for them for all the damage that has been incurred and rather unnecessarily so i think i think the american people understand the u.s. senator relations far better than the candidates seem to think they understand and somehow they feel that putting this negative on china is going to gain them votes and i don't believe that they're right and as the world weighs the possible outcomes of november's u.s. presidential ballots our resident laurie harvest took to the streets of new york to find out voters
presidential race barack obama is being sued by chinese own company which he blocked from buying when farm in america the chinese investors claim obama use issued the order without any explanation comes as the white house faces more pressure from the republicans to toughen up on beijing and some observers say a bomb is simply trying to u.s. voters the timing is somewhat suspicious just because the two presidential candidate. to to outdo each other in demonizing china in this whole book...
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presidency enters its final full months barack obama and mitt romney are betting on the economy as a bargaining chip with voters obama's posting of his success and cracking down on fraud was help from wall street insiders who make a killing by spilling the beans and other whistleblowers received very different treatment from washington as christine for now reports. corporate greed on wall street is an issue that's been center stage ever since the financial meltdown of two thousand and eight now voices on both the right and the left have tried to find ways to deal with the fallout the bottom line here is that there have been some measures taken to try to deal with corporate fraud and abuse one strategy has been to try to lure insiders or whistleblowers to come forward and report what they've seen and even if they've been part of that illegal activity to reward them how much of this goes back to dodd frank a piece of legislation which addresses a number of issues one of them gives incentives to whistleblowers to report those policies which inevitably do harm to customers and taxpayers
presidency enters its final full months barack obama and mitt romney are betting on the economy as a bargaining chip with voters obama's posting of his success and cracking down on fraud was help from wall street insiders who make a killing by spilling the beans and other whistleblowers received very different treatment from washington as christine for now reports. corporate greed on wall street is an issue that's been center stage ever since the financial meltdown of two thousand and eight now...
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compare the obama recovery to reagan. obama's behind by $6.9 million jobs and probably more important, it's per capita. disposable income that a lot of social scientists have found is the real key to getting re-elected and that number doesn't look too good for obama. >> you raised a number. the symbolism and how people feel about it. let's look at a cnn poll from last month. 67% of registered voters expect conditions will be good a year from now. daniel, what do you think? 31% say worse. are they right, are they wrong? >> the economy will be better, but it's a question of how much better. let's not forget obama promised if he enacted his so-called stimulus, by today, the unemployment rate would be down to 5.5%. so, something's gone wrong. if you look at the minneapolis federal reserve website, there's an interactive feature that allows you to look at all the the business cycles since world war ii. it's the worst gdp performance and jobs perform ann of any president. things are getting better, but at such an anemic rate. >
compare the obama recovery to reagan. obama's behind by $6.9 million jobs and probably more important, it's per capita. disposable income that a lot of social scientists have found is the real key to getting re-elected and that number doesn't look too good for obama. >> you raised a number. the symbolism and how people feel about it. let's look at a cnn poll from last month. 67% of registered voters expect conditions will be good a year from now. daniel, what do you think? 31% say worse....
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that is not a number barack obama should be crowing about. not a number mitt romney should be accusatory about. barack obama has created more jobs while in office than were lost, but mitt romney points out correctly, they are not the right quality. no, this is not morning in america. it's also not a disaster. >> ethan, jump in here. are you encouraged? >> i am. i totally agree with ali. mitt romney's been saying that we've been having x month of unemployment above 8%. he can't that anymore. on top of that, the president can say he's created over a million private sector jobs, so he has some new powerful rhetorical arrows that are in his quiver. >> when i saw this today, i thought this fits perfectly into this narrative of a country that's divided because it's a little bit good news. not a lot, and it leaves everybody with room to argue. >> symbolically, it was a victory for the white house to get that unemployment rate under 8% along with just about everybody else. i predicted that would be the key to obama winning re-election, but objectivel
that is not a number barack obama should be crowing about. not a number mitt romney should be accusatory about. barack obama has created more jobs while in office than were lost, but mitt romney points out correctly, they are not the right quality. no, this is not morning in america. it's also not a disaster. >> ethan, jump in here. are you encouraged? >> i am. i totally agree with ali. mitt romney's been saying that we've been having x month of unemployment above 8%. he can't that...
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president obama's policies have not worked. as vice president biden admitted, the middle-class has been buried in the last four years. another four years would does barry the middle class even more. during the 2008 debate, then senator obama assured us that he fully understood our problems and that he had the right solution. he promised to make health care more affordable. yeah president obama promise to get our spending under control by cutting the deficits in half. he also was so confident that shortly after taking office, president obama said he would fix the economy in three years or face a one term proposition. today he has broken those promises. now his words have no credibility. midway to the debate, the president realized that he had an president for the past four years and it was his policies and his agenda that failed to produce any of the results that a promised us as a candidate. president obama had not shown the kind of leadership we need. the face crisis today. which requires a steady hand. in a leader focus on th
president obama's policies have not worked. as vice president biden admitted, the middle-class has been buried in the last four years. another four years would does barry the middle class even more. during the 2008 debate, then senator obama assured us that he fully understood our problems and that he had the right solution. he promised to make health care more affordable. yeah president obama promise to get our spending under control by cutting the deficits in half. he also was so confident...
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the unemployment rate dropped to below eight percent in september for the first time since president obama took office republicans claim the new numbers are being manipulated by the obama administration republicans just mad that their plot to crash the economy has failed i'll ask our panel in tonight's big picture rumble anderson's daily take which you know it's possible to be arrested for trespassing on your own land well it is it's a sign of the corporations are turning america into a third world country. provides conversations with great minds are joined by peter gloss peter is a veteran journalist with over thirty years of experience previously he was the moscow bureau chief and international news editor for business week magazine as well as the executive editor of virginia business magazine he's also worked as a reporter at the virginia and richmond times dispatch dealing with environmental issues and as an investigative journalist peter got his bachelor's degree in political science an era of international relations from tufts university he's also the author of thunder on the mountai
the unemployment rate dropped to below eight percent in september for the first time since president obama took office republicans claim the new numbers are being manipulated by the obama administration republicans just mad that their plot to crash the economy has failed i'll ask our panel in tonight's big picture rumble anderson's daily take which you know it's possible to be arrested for trespassing on your own land well it is it's a sign of the corporations are turning america into a third...
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did obama choose to go first? that was a mistake. >> bill: they flipped a coin as lehrer explained. >> i was drifting off there while you were talking. >> bill: they did actually flip a coin. that wasn't a joke. >> romney brought the mma. >> the mma being. >> the mixed martial arts. the steel caged death match and obama brought the lpga and unfortunately we could have had to throw it it admah nil la. >> ladies professional golf association. >> could have had a great fight. >> bill: steel match when obama could have crushed the larynx he didn't and he pulled back. >> to his credit. >> to his credit? >> there are two more debates. >> bill: yeah, so? >> so. >> bill: mitt has got to be consistent. >> if i have that advantage with stewart i may go in. >> it was his an investor sear, bill. >> i need advice from you guys. how pathetic is this asking gutfeld for advice on the big rumble on saturday night. we'll have that in a moment and the factor will be back right after these announcements. does your phone give you all
did obama choose to go first? that was a mistake. >> bill: they flipped a coin as lehrer explained. >> i was drifting off there while you were talking. >> bill: they did actually flip a coin. that wasn't a joke. >> romney brought the mma. >> the mma being. >> the mixed martial arts. the steel caged death match and obama brought the lpga and unfortunately we could have had to throw it it admah nil la. >> ladies professional golf association. >>...
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braces itself for the presidential election with polls showing there's little between barack obama and mitt romney and as the world continues weighing the possible outcomes of november's ballot our resident laurie harshness took to the streets of new york to find out what voters make of the race so far. the two thousand and twelve presidential elections why are they so boring this week let's talk about that. so tired of all of it you know i mean it's almost like it's more than twenty four hours of coverage on everything you know no matter what happens and nothing happened exactly having said that i think obama's going to win do you think he believes in himself as much as he did four years ago because he seems kind of tired he seems like he's a little frustrated i think he's more tired of me around me and just all of this like he just wants to get it over to november and just like ok give me you know my polls and let me when he says bored with the elections as we are very much president obama listening to the first african-american president i was so exciting no it's boring me again i d
braces itself for the presidential election with polls showing there's little between barack obama and mitt romney and as the world continues weighing the possible outcomes of november's ballot our resident laurie harshness took to the streets of new york to find out what voters make of the race so far. the two thousand and twelve presidential elections why are they so boring this week let's talk about that. so tired of all of it you know i mean it's almost like it's more than twenty four hours...
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when you went head-to-head with obama in 2008, the polls said 51% obama, 38% mccain. do you think you would have done better against the obama that was debating this week? >> i think so, piers, but you know, it would sound like i am now trying to rewrite history or i would have done better. you know, i never tried to do any of that looking back and certainly not in anger or bitterness. but i think it is true that during the 2008 campaign, the president or then senator obama had no record to defend, and one of the reasons why mitt did so well in this debate was because mitt was -- i think very legitimately, attacking his record, whether it be the $90 billion in subsidies for energy or a number of the other things that he pointed -- the failure of dodd-frank, and so the president had a record to defend this time, but one, do not underestimate the president of the united states. he will come back strong. i think mitt has to be prepared for that. and also, as you mentioned, these job numbers will give him a bit or something of a bot today. >> we've got the vp debate comin
when you went head-to-head with obama in 2008, the polls said 51% obama, 38% mccain. do you think you would have done better against the obama that was debating this week? >> i think so, piers, but you know, it would sound like i am now trying to rewrite history or i would have done better. you know, i never tried to do any of that looking back and certainly not in anger or bitterness. but i think it is true that during the 2008 campaign, the president or then senator obama had no record...
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president obama holds a 73-21% lead over mitt romney among latino voters. that's up from the 65-26 advantage he held six weeks ago. >> latino's will decide the election in colorado, nevada, north carolina, florida. >> because? >> because in a very close election latino voters tend to decide which way to vote. it happened in 2000 with president george w. bush in florida and it's going to happen again this year. >> there was a report from the pew hispanic center a few days ago saying a record 24 million, 24 million latinos are eligible to vote. >> right. >> but their turnout rate has consistently lagged behind whites and blacks. >> not that much. the latino decision polls are usually very accurate because they're polling specifically latino voters, registered voters and the unthus see amp level was very low. in the last poll it had increased to 82%. >> that's understandable. >> romney? >> no, we're getting a little bit closer to the election. people are paying more attention to the election. when you see the polls and try to understand why the numbers are so
president obama holds a 73-21% lead over mitt romney among latino voters. that's up from the 65-26 advantage he held six weeks ago. >> latino's will decide the election in colorado, nevada, north carolina, florida. >> because? >> because in a very close election latino voters tend to decide which way to vote. it happened in 2000 with president george w. bush in florida and it's going to happen again this year. >> there was a report from the pew hispanic center a few days...
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obama said let's do something. but then what they proposed was simply inadequate. >> rose: was it because they focused on the financial sector at the exclusion of the housing issue? >> basically, basically. part of it was they were worried at the time that the kinds of things you needed to do. restructure the mortgage, write down the mortgages, would weaken the banking system. and they were more focused on helping the bankers than homeowners. you know, ode citizens. and i think that was a big mistake. >> rose: when you look at 2008 and the decisions made first by the bush administration, paulson, bernanke, geithner and later decisions by the president, summers and geithner and others or bernanke, were the right decisions at the time to deal with the financial crisis to avoid going over into some abyss? >> they prevented us from going into the abyss, i think that's right. >> rose: so what they did was right but they didn't do enough. >> and they didn't do it in the right way. so for instance one of the issues that i
obama said let's do something. but then what they proposed was simply inadequate. >> rose: was it because they focused on the financial sector at the exclusion of the housing issue? >> basically, basically. part of it was they were worried at the time that the kinds of things you needed to do. restructure the mortgage, write down the mortgages, would weaken the banking system. and they were more focused on helping the bankers than homeowners. you know, ode citizens. and i think that...
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the reality is those numbers help obama tremendously. at the same time, obama has the opportunity now to come back and do what he did the very next day. i think that was a key day for him. >> if he had that sort of debate performance and then we'd gotten job numbers that had us stuck at 8.2, then you start talking about a crisis at that point for the campaign. >> we have a chance to make it a much bigger story, precisely because the republicans have been so nice to us and delivered, for example, jack welch. the numbers were entirely fixed. he's been chimed in this morning by steve forbes, also said these have been fixed numbers. they intended for them to go down precisely under 8% before the election started. this is some crazy stuff going on on the right here. that might generate enough interest to make the debate -- >> i just want to -- just in case anyone has been sleeping under a rock on friday or something. i just wanted to show what jack welch's response was, it was a tweeted response that got picked up in the news where he basical
the reality is those numbers help obama tremendously. at the same time, obama has the opportunity now to come back and do what he did the very next day. i think that was a key day for him. >> if he had that sort of debate performance and then we'd gotten job numbers that had us stuck at 8.2, then you start talking about a crisis at that point for the campaign. >> we have a chance to make it a much bigger story, precisely because the republicans have been so nice to us and delivered,...
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the numbers i take at face value your honor obama and the same way i did for the republicans in power the previous eight years. this is like the criticism i received from hilda solis, it was considered softball. why i didn't ask her why she isn't following up on governor romney's idea, we might create 4 million jobs. that's hardball, not softball. what's good is good, no matter who is in office. those numbers were good. not much more to it anyone who says i am being partisan is out of their mind. what a shame that the charge can be even made, let alone made by people i respect. honestly, people, more to life than who wins in november. stay with cramer. >>> next week, three big things, alcoa, i think they'll be hurt by chinese aluminum. yum, remember, i think they'll be hurt by kentucky fried chicken, and vertex, i think
the numbers i take at face value your honor obama and the same way i did for the republicans in power the previous eight years. this is like the criticism i received from hilda solis, it was considered softball. why i didn't ask her why she isn't following up on governor romney's idea, we might create 4 million jobs. that's hardball, not softball. what's good is good, no matter who is in office. those numbers were good. not much more to it anyone who says i am being partisan is out of their...
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back in a minute. [ barackck obama ] i'm barack obama, and i approve this message. [ femalele announcer ] he says... president obama and i both care about poor and middle-class families. [ female announcer ] but this is what the budget plan mitt romney supports actually does. more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? >>> in case you don't know the skins are home this sun against the falcons and here's my -- sunday against the falcons and here's my concern. they're home. usually they do much better on the road. >> it's good that they're winning on the road because if you win on the road, you can make the playoffs, but you got to win at home. they've lost seven in a row dating back to last season. they've only played at home once this year, not pretty. it won't get easier this weekend because the undefeated atl
back in a minute. [ barackck obama ] i'm barack obama, and i approve this message. [ femalele announcer ] he says... president obama and i both care about poor and middle-class families. [ female announcer ] but this is what the budget plan mitt romney supports actually does. more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents...
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the numbers i take at face value your honor obama and the same way i did for the republicans in power the previous eight years. this is like the criticism i received from hilda solis, it was considered softball. why i didn't ask her why she isn't following up on governor romney's idea, we might create 4 million jobs. that's hardball, not softball. what's good is good, no matter who is in office. those numbers were good. not much more to it anyone who says i am being partisan is out of their mind. what a shame that the charge can be even made, let alone made by people i respect. honestly, people, more to life than who wins in november. stay with cramer. so, we all set? i've got two tickets to paradise! pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fifteen minutes could save you
the numbers i take at face value your honor obama and the same way i did for the republicans in power the previous eight years. this is like the criticism i received from hilda solis, it was considered softball. why i didn't ask her why she isn't following up on governor romney's idea, we might create 4 million jobs. that's hardball, not softball. what's good is good, no matter who is in office. those numbers were good. not much more to it anyone who says i am being partisan is out of their...
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Oct 6, 2012
10/12
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FOXNEWSW
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it has more than doubled since president obama took office. and, in fact, in places like california, goodness, $4.50, almost $5 and that leaves many americans with a who'll lot less money in their wallets, to spend on other things. that, in turn, is hurting retailers, it is hurting small business owners, doesn't that kind of economic stress caused by the high gasoline prices weigh against the president? >> well, the good news is, i mean, just to answer it straightforward, it is hard, people don't want to spend more money and they'd want to spend less and what the president has going for him is total employment has gone up by 3 million, since this time a year ago and the unemployment rate went from 9% to 7.8... >> gregg: you are still 4.5 million jobs behind, right? >> in the past year we have gained 3 million jobs and since the depth o-the recession, gained 5 million. >> gregg: but you are not where you wanted to be, normally in a recovery, you should be up about 4.5 -- >> remember, though, like ronald reagan, in his re-election effort, the un
it has more than doubled since president obama took office. and, in fact, in places like california, goodness, $4.50, almost $5 and that leaves many americans with a who'll lot less money in their wallets, to spend on other things. that, in turn, is hurting retailers, it is hurting small business owners, doesn't that kind of economic stress caused by the high gasoline prices weigh against the president? >> well, the good news is, i mean, just to answer it straightforward, it is hard,...
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Oct 6, 2012
10/12
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CNBC
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because i gave the dry summary on the air, i was instantly the target of the anti-obama crowd, because i didn't call into question how the unemployment number got below 8%, i didn't suggest that number might have been rigged to look good for president obama. i was pillared as a house man owned by the democrats. please! look, my philosophy is crystal clear. you can't look through it. don't bother. you can't question its authenticity. you can't say it's political, and more importantly, can't question its legitimacy for one party without questioning it the other. i understand the accusations from partisan people. they feel robbed of one of the best talking points, unemployment rate stubbornly above 8%, to attack those who accept the number and don't offhandedly accept it is wrong is outrageous. i don't like how the number is put together. i would outsource the compilation number, and you can calculate data much faster and more efficiently. i look at the labor department the way i looked at replacement referees in the nfl. terrible, but nonpartisan, equal-opportunity mistake makers. the nu
because i gave the dry summary on the air, i was instantly the target of the anti-obama crowd, because i didn't call into question how the unemployment number got below 8%, i didn't suggest that number might have been rigged to look good for president obama. i was pillared as a house man owned by the democrats. please! look, my philosophy is crystal clear. you can't look through it. don't bother. you can't question its authenticity. you can't say it's political, and more importantly, can't...